TRU Precious Metals Corp. Completes Change of BusinessMay 12, 2021
TRU Precious Metals Corp. (TSXV:TRU) has completed its “change of business” under TSX Venture Exchange policies to a “mining issuer”. In connection with the change of business, TRU closed an option agreement with a subsidiary of TSX-listed Altius Minerals Corporation (TSX:ALS) to purchase Altius’ Golden Rose Project, a package of mineral claims located in the southwestern portion of the Central Newfoundland Gold Belt.
Prior to and in connection with the transaction, TRU completed an oversubscribed, non-brokered subscription receipt financing for gross proceeds of over $3.5 million.
Wildeboer Dellelce LLP acted for TRU in connection with the change of business, the option and the financing, with a team comprised of Michael Rennie, Carlye Bellavia and Julian Lupo (corporate/securities and mergers and acquisitions).
TRU Precious Metals Corp.
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